The DJI has been moving sideways since September 2021, recently the Russian-Ukraine conflict occurred and the price went down and broke the support zone (33700 - 34000) but soon the price bounced back showing one of the best Bullish candlestick patterns ever, especially when it happens in a support zone. For me, this is how I would trade the US stock market based...
This demonstration shows how the market generally behaves and how to trade these behaviors, It represents the main two states of the market "stable state" and "trending state", In this figure, you can get an idea of how and where to enter the market and how and where to exit, You can also understand that each market state should have its own trading style, I hope...
This is my view on the trade plan for FWRY stock. the stock is in a strong uptrend and it shows strong potential to continue this strong uptrend.
this is a technical plan for an obvious Cup and Handle pattern formation, Initial Entry is triggered by the break of the Handle downward channel but most importantly with higher than average VOLUME. Scaling-up can be at the break of the Neckline.
Stock ISMA is showing a strong reversal pattern and can be traded as shown. my idea is to enter at the break of the pattern "which it did on 22th of April" and my stop is below 5.5. The initial target is at 7.2 (around 22% price move) and then exit and wait for the next pullback.